Friedman Industries Inc. (FRD): Price and Financial Metrics
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FRD Stock Summary
- With a price/sales ratio of 0.23, FRIEDMAN INDUSTRIES INC has a higher such ratio than merely 5.49% of stocks in our set.
- With a year-over-year growth in debt of 934.04%, FRIEDMAN INDUSTRIES INC's debt growth rate surpasses 97.75% of about US stocks.
- Revenue growth over the past 12 months for FRIEDMAN INDUSTRIES INC comes in at 126.19%, a number that bests 92.9% of the US stocks we're tracking.
- Stocks that are quantitatively similar to FRD, based on their financial statements, market capitalization, and price volatility, are LYTS, DORM, NBY, EIG, and JCTCF.
- Visit FRD's SEC page to see the company's official filings. To visit the company's web site, go to www.friedmanindustries.com.
FRD Valuation Summary
- In comparison to the median Basic Materials stock, FRD's price/sales ratio is 88.24% lower, now standing at 0.2.
- FRD's price/sales ratio has moved down 0 over the prior 243 months.
Below are key valuation metrics over time for FRD.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| FRD | 2022-09-02 | 0.2 | 0.8 | 4.8 | 4.5 |
| FRD | 2022-09-01 | 0.2 | 0.9 | 5.0 | 4.6 |
| FRD | 2022-08-31 | 0.3 | 1.0 | 5.5 | 5.0 |
| FRD | 2022-08-30 | 0.3 | 1.0 | 5.6 | 5.1 |
| FRD | 2022-08-29 | 0.3 | 1.0 | 5.9 | 5.3 |
| FRD | 2022-08-26 | 0.3 | 1.0 | 5.8 | 5.2 |
FRD Growth Metrics
- Its 2 year cash and equivalents growth rate is now at -84.77%.
- Its 4 year net cashflow from operations growth rate is now at 61.21%.
- Its year over year revenue growth rate is now at 126.19%.
The table below shows FRD's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-03-31 | 285.2348 | -13.39776 | 14.06632 |
| 2021-12-31 | 259.3575 | -19.34805 | 31.93117 |
| 2021-09-30 | 236.2036 | -19.88044 | 37.02275 |
| 2021-06-30 | 168.4944 | 12.60445 | 23.59513 |
| 2021-03-31 | 126.1025 | 8.426886 | 11.42447 |
| 2020-12-31 | 109.8689 | 1.44261 | -1.997964 |
FRD's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- FRD has a Quality Grade of B, ranking ahead of 79.63% of graded US stocks.
- FRD's asset turnover comes in at 1.672 -- ranking 3rd of 41 Steel Works Etc stocks.
- AA, TG, and GLW are the stocks whose asset turnover ratios are most correlated with FRD.
The table below shows FRD's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 1.672 | 0.241 | 0.489 |
| 2021-03-31 | 1.583 | 0.187 | 0.278 |
| 2020-12-31 | 1.460 | 0.070 | -0.049 |
| 2020-09-30 | 1.432 | 0.030 | -0.128 |
| 2020-06-30 | 1.584 | 0.011 | -0.159 |
| 2020-03-31 | 1.738 | 0.018 | -0.126 |
FRD Stock Price Chart Interactive Chart >
FRD Price/Volume Stats
| Current price | $8.91 | 52-week high | $14.83 |
| Prev. close | $8.95 | 52-week low | $6.93 |
| Day low | $8.91 | Volume | 2,148 |
| Day high | $8.92 | Avg. volume | 25,695 |
| 50-day MA | $9.31 | Dividend yield | 0.89% |
| 200-day MA | $9.27 | Market Cap | 65.66M |
Latest FRD News From Around the Web
Below are the latest news stories about FRIEDMAN INDUSTRIES INC that investors may wish to consider to help them evaluate FRD as an investment opportunity.
Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2022 Results and Provides Post Plateplus Transaction UpdateLONGVIEW, Texas, July 22, 2022 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE – American; trading symbol: FRD) FOURTH QUARTER AND FISCAL YEAR 2022 RESULTS The Company announced today its results of operations for the quarter and year ended March 31, 2022. For the quarter ended March 31, 2022 (the “2022 quarter”), the Company recorded a net loss of $7,461,256 ($1.11 diluted loss per share) on sales of $75,091,475 compared to net earnings of $10,403,597 ($1.50 diluted earnings per sha |
FRIEDMAN INDUSTRIES, INCORPORATED PROVIDES UPDATE ON FORM 10-K FILINGLONGVIEW, Texas, June 29, 2022 (GLOBE NEWSWIRE) -- The Company’s measurement date to determine its filer status with the Securities and Exchange Commission (“SEC”) is September 30th of each year based on the Company’s fiscal year end date of March 31st. On September 30, 2021, the Company’s public float was approximately $76 million which surpassed the SEC’s accelerated filer threshold of $75 million and the Company’s revenues for the most recent fiscal year exceeded $100 million. As a result, th |
FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDENDLongview, Texas, June 28, 2022 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NYSE—American; Trading Symbol: FRD) The Board of Directors (the “Board”) of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on June 28, 2022, a cash dividend of $0.02 per share on the Common Stock of the Company. The Company will pay the cash dividend on August 12, 2022 to shareholders of record at the close of bu |
Friedman Industries, Incorporated Expands With Major Acquisition of Plateplus, Inc. OperationsLONGVIEW, Texas, May 02, 2022 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (“Friedman”) (NYSE American: FRD), a Texas-based company engaged in steel processing and distribution as well as pipe manufacturing through its division Texas Tubular Products, announced today that it has acquired two high-quality, strategically located facilities from Plateplus, Inc. (“Plateplus”), positioning Friedman as a leading North American steel service center with an expanded geographic presence, scale a |
Friedman Industries, Incorporated Announces Third Quarter ResultsLONGVIEW, Texas, Feb. 14, 2022 (GLOBE NEWSWIRE) -- The Company announced today its results of operations for the fiscal third quarter. For the quarter ended December 31, 2021 (the “2021 quarter”), the Company recorded a net loss of $2,961,833 ($0.43 diluted loss per share) on sales of $51,655,943 compared to net earnings of $2,129,745 ($0.30 diluted earnings per share) on net sales of $28,502,049 for the quarter ended December 31, 2020 (the “2020 quarter”). The 2021 quarter results were impacted |
FRD Price Returns
| 1-mo | -10.45% |
| 3-mo | -8.10% |
| 6-mo | 6.45% |
| 1-year | -22.83% |
| 3-year | 49.35% |
| 5-year | 67.85% |
| YTD | -4.39% |
| 2021 | 37.91% |
| 2020 | 15.73% |
| 2019 | -12.71% |
| 2018 | 26.02% |
| 2017 | -14.17% |
FRD Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching FRD
Want to do more research on Friedman Industries Inc's stock and its price? Try the links below:Friedman Industries Inc (FRD) Stock Price | Nasdaq
Friedman Industries Inc (FRD) Stock Quote, History and News - Yahoo Finance
Friedman Industries Inc (FRD) Stock Price and Basic Information | MarketWatch
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